SHV vs. SWVXX
Compare and contrast key facts about iShares Short Treasury Bond ETF (SHV) and Schwab Value Advantage Money Fund (SWVXX).
SHV is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Short Treasury Bond Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHV or SWVXX.
Correlation
The correlation between SHV and SWVXX is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SHV vs. SWVXX - Performance Comparison
Key characteristics
SHV:
21.34
SWVXX:
3.56
SHV:
0.00%
SWVXX:
0.00%
SHV:
0.23%
SWVXX:
1.30%
SHV:
-0.46%
SWVXX:
0.00%
SHV:
0.00%
SWVXX:
0.00%
Returns By Period
In the year-to-date period, SHV achieves a 1.25% return, which is significantly higher than SWVXX's 1.03% return. Both investments have delivered pretty close results over the past 10 years, with SHV having a 1.81% annualized return and SWVXX not far behind at 1.74%.
SHV
1.25%
0.38%
2.18%
4.91%
2.43%
1.81%
SWVXX
1.03%
0.33%
2.00%
4.64%
2.56%
1.74%
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Risk-Adjusted Performance
SHV vs. SWVXX — Risk-Adjusted Performance Rank
SHV
SWVXX
SHV vs. SWVXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short Treasury Bond ETF (SHV) and Schwab Value Advantage Money Fund (SWVXX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
SHV vs. SWVXX - Drawdown Comparison
The maximum SHV drawdown since its inception was -0.46%, which is greater than SWVXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SHV and SWVXX. For additional features, visit the drawdowns tool.
Volatility
SHV vs. SWVXX - Volatility Comparison
The current volatility for iShares Short Treasury Bond ETF (SHV) is 0.06%, while Schwab Value Advantage Money Fund (SWVXX) has a volatility of 0.33%. This indicates that SHV experiences smaller price fluctuations and is considered to be less risky than SWVXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.